Huntsman CORP

For the period ended Mar 31, 2025. Filed May 2, 2025.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Mar 31, 2025 · Filed May 2, 2025

HUN$9.50-0.4%Stored close · as of Nov 10, 2026

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Contents

Unaudited Condensed Consolidated Balance Sheets

(In Millions, Except Share and Per Share Amounts)

	March 31,	December 31,
	2025	2024
ASSETS
Current assets:
Cash and cash equivalents(1)	$334	$340
Accounts and notes receivable (net of allowance for doubtful accounts of $9 and $8, respectively), ($271 and $233 pledged as collateral, respectively)(1)	789	718
Accounts receivable from affiliates	8	7
Inventories(1)	1,030	917
Prepaid expenses	95	114
Other current assets	30	29
Total current assets	2,286	2,125
Property, plant and equipment, net(1)	2,494	2,493
Investment in unconsolidated affiliates	317	346
Intangible assets, net	334	344
Goodwill	637	633
Deferred income taxes	61	69
Operating lease right-of-use assets	381	382
Other noncurrent assets(1)	722	722
Total assets	$7,232	$7,114
LIABILITIES AND EQUITY
Current liabilities:
Accounts payable(1)	$723	$758
Accounts payable to affiliates	15	12
Accrued liabilities(1)	460	416
Current portion of debt(1)	284	325
Current operating lease liabilities(1)	58	54
Total current liabilities	1,540	1,565
Long-term debt(1)	1,670	1,510
Deferred income taxes	191	204
Noncurrent operating lease liabilities(1)	343	348
Other noncurrent liabilities(1)	317	324
Total liabilities	4,061	3,951
Commitments and contingencies (Notes 16 and 17)
Equity
Huntsman Corporation stockholders’ equity:
Common stock $0.01 par value, 1,200,000,000 shares authorized, 263,202,496 and 262,751,907 shares issued and 172,595,368 and 172,144,779 shares outstanding, respectively	3	3
Additional paid-in capital	4,260	4,233
Treasury stock, 90,607,128 shares	(2,290)	(2,290)
Unearned stock-based compensation	(48)	(32)
Retained earnings	2,193	2,245
Accumulated other comprehensive loss	(1,167)	(1,200)
Total Huntsman Corporation stockholders’ equity	2,951	2,959
Noncontrolling interests in subsidiaries	220	204
Total equity	3,171	3,163
Total liabilities and equity	$7,232	$7,114

(1)

At March 31, 2025 and December 31, 2024, respectively, $15 and $6 of cash and cash equivalents, $20 and $19 of accounts and notes receivable (net), $63 and $57 of inventories, $124 each of property, plant and equipment (net), $36 and $37 of other noncurrent assets, $108 and $111 of accounts payable, $17 and $21 of accrued liabilities, $9 each of current portion of debt, $9 and $6 of current operating lease liabilities, $5 and $7 of long-term debt, $13 and $15 of noncurrent operating lease liabilities and $16 each of other noncurrent liabilities from consolidated variable interest entities are included in the respective balance sheet captions above. See “Note 6. Variable Interest Entities.” These assets can only be used to settle obligations of the variable interest entities, and creditors of these liabilities do not have recourse to our general credit.

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The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.